Why is KFin Technolog. falling/rising?

As of 11-Sep, KFin Technologies Ltd is experiencing a decline in its stock price, currently at 1,108.00, reflecting a decrease of 5.8 points or 0.52%. Today's price summary indicates that the stock has underperformed its sector by 0.41% and has reversed its trend after four consecutive days of gains. Although the stock has shown a positive return of 4.63% over the past week and 1.47% over the past month, it has a year-to-date decline of 27.93%. The company's strong long-term fundamentals, including an average Return on Equity (ROE) of 22.56% and healthy operating profit growth of 29.33%, are overshadowed by recent flat quarterly results and a high valuation relative to peers, which may be contributing to the current price drop.
In the broader market context, KFin Technologies' recent performance contrasts with the benchmark Sensex, which has gained 1.03% over the past week and 1.17% over the past month. While the stock has outperformed the broader market over the past year with a return of 12.26%, the recent decrease in promoter confidence, evidenced by a 10.01% reduction in their stake, raises concerns about future prospects. This decline in promoter confidence, coupled with the stock's expensive valuation and recent underwhelming quarterly results, may be influencing investor sentiment negatively, leading to the current price decline.